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As per the case facts the appellant challenged Appellate Tribunal for Electricity APTEL orders that rejected their appeals and review petition affirming a state regulatory commission's decision The dispute centers
...on the pricing and trading of Renewable Energy Certificates and electricity tariff determination for entities that did not claim accelerated depreciation benefits The question arose whether the APTEL's rulings which upheld the state commission's order on REC pricing and tariff were consistent with the Electricity Act and relevant regulations particularly concerning minimum and maximum prices and the treatment of entities not using certain tax benefits Finally the Supreme Court's explicit answer is not available in the provided snippet which only states that the case was heard and an order was made The context suggests the appeals were dismissed as the appellant challenged the rejection of their prior appeals implying the lower tribunal's decisions were affirmed